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0 N State Hwy 3

North Vernon, IN 47265

ActiveListed Jun 8, 2026 · 4 days on market

Key facts

Lot
27.837 acres
Type
Land · Farm
MLS #
22106832
County
Jennings
Subdivision
No Subdivision

About this home

DEVELOPMENT OPPORTUNITY! This 27+ acre property boarders State Hwy 50 and State Highway 3. The property has 2 access entrances (State Hwy 3 and W CR 350 N). There is prime traffic visibility with approx. 1,730 feet of road frontage alone State Hwy 50. The property has municipal utilities including: water, sewer and natural gas on site. Minutes from the North Vernon Industrial Park, Lowes Distribution, Wal-Mart and more, this site has lots of potential uses including apartments, office park, buildings for medical, construction trades, telecommunications, etc. Located 20 mins from I-65 ramp, 30 mins from I-74 Ramp, and 30 minutes from Columbus. The property also sits approx. one hour from Indianapolis, Louisville and Cincinnati.

Description provided by the listing brokerage.

Exterior

Other structures
No Value

Systems

Water
Public
Sewer
Public Sewer
Utilities
Sewer Available

Lot and HOA

Zoning
Ag

Schools

Middle school
Jennings County Middle School
High school
Jennings County High School
School district
Jennings County School Corporation

Taxes

Estimated annual tax
$2,440 / yearTwice the semi-annual installment the listing reports.
Tax year
2026

Estimate your monthly payment

$5,459per month, estimated
Principal and interest $4,915Property tax $203Insurance $341
20% · $195,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$975,000
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